44 East 12th Street (Parc Village)
44 East 12th Street, New York, NY 10003
Greenwich Village
BBL 1005637501 · BIN 1009143
- Year built
- 1985
- Type
- Condominium
- Units
- 44
- Floors
- 10
- Landmark
- No
- Pets
- Small pets; board approval generally required — confirm current terms at offer stage
- Subletting
- Permitted under the condominium declaration; confirm current terms at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,757
- Listing discount
- 0.6%
- Recorded sales
- 66
- On record
- 2003–2025
Parc Village is a boutique full-service condominium on one of the quietest tree-lined blocks in the Union Square corridor — East 12th Street between Broadway and University Place, steps from Union Square, the Strand, and the transit convergence at 14th Street. Completed in 1985, the 10-story building has operated since as a well-run doorman condominium, and a recent refresh of the lobby and roof deck has kept it current.
The building's appeal is the combination of a true condominium's flexibility with full-service operations in a genuinely central downtown location. With 24-hour doorman coverage, a live-in superintendent, and a landscaped common roof deck with skyline views stretching from the Empire State Building to One World Trade Center, Parc Village delivers a full-amenity experience at a boutique 44-unit scale.
The location is the practical draw: Union Square's Greenmarket, Whole Foods, and Trader Joe's within a short walk, NYU nearby, and quick connections to SoHo and the Meatpacking District — all from a quiet residential block that keeps the noise of 14th Street at arm's length.
Architecture and unit composition
The 44 residences distribute across 10 stories in a post-war masonry envelope. Layouts mix original configurations with extensive renovations; many apartments feature south-facing exposure, large windows, high-end kitchen appliances, hardwood floors, central air and heat, and notably generous closet space. The most distinctive units carry private outdoor space — including a penthouse duplex with several hundred square feet of private terrace, a genuine rarity in Greenwich Village.
Renovation quality varies apartment to apartment, and that variation — together with floor, exposure, and outdoor access — drives most of the pricing spread within the building.
Building operations
Parc Village operates as a full-service condominium: 24-hour doorman, a live-in superintendent, a renovated lobby, a landscaped common roof deck, a bike room, private storage, and washer/dryer service in the building. Central air and heat serve the apartments. Small pets and in-unit washer/dryer installations generally require board approval, so buyers should confirm current house rules at offer stage.
As a 1985 building that has been refreshed in recent years, systems and common areas are in current condition, but buyers should still review the financial statements, the reserve study, board minutes, and any active or planned capital projects during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $8,280/yr
- Per unit / month range
- $0 – $16
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
As a condominium, Parc Village is read on a price-per-square-foot basis. Recent closed sales have run in the high-$1,000s per square foot, consistent with a full-service, well-located Greenwich Village condominium; asking pricing has generally sat somewhat above that. The unit-level variables — floor, exposure, private outdoor space, and renovation condition — drive most of the pricing spread, and the boutique unit count means comparable sales are infrequent and heterogeneous. Pricing is best read at the apartment level. Specific recent figures should be confirmed against current recorded transfers at offer stage.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 1, 2025 | 2B | 1 BR · 1 BA · 702 sf | $1,239,000 | $1,765/sf | -0.9% |
| Sep 11, 2024 | 10A | 1 BR · 2 BA · 1,316 sf | $2,100,000 | $1,596/sf | -8.7% |
| Nov 9, 2022 | 8E | 1 BR · 1.5 BA · 975 sf | $1,595,000 | $1,636/sf | -3.3% |
| Aug 19, 2022 | 8B | 2 BR · 2 BA · 1,050 sf | $1,900,000 | $1,810/sf | +0.0% |
| Jun 16, 2022 | 5D | 1 BR · 1 BA · 676 sf | $1,150,000 | $1,701/sf | off-mkt |
| Mar 8, 2022 | 6E | 1 BR · 1.5 BA · 947 sf | $1,590,000 | $1,679/sf | off-mkt |
| Feb 16, 2022 | 3E | 2 BR · 1.5 BA · 975 sf | $1,545,000 | $1,585/sf | +3.1% |
| Nov 17, 2020 | 8C | 1 BR · 1 BA · 550 sf | $813,000 | $1,478/sf | -18.3% |
Market read. Most recent trades (2025) cleared a median $1,757/sf across 1 sale. Median listing discount 0.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00563-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
Outdoor space is the premium. The units with private terraces — and the penthouse duplex in particular — are their own market within the building. Confirm exactly what outdoor space conveys.
Condition drives price. Renovation quality varies widely across the 44 units. Inspect kitchens, baths, and mechanicals and price against comparable condition.
Full service at a boutique scale. 24-hour doorman, live-in super, roof deck, and storage inside a 44-unit building — a full-amenity experience without a tower's common charges profile. Model the carry.
Condo flexibility is real. 30–45 day closings; pied-à-terre, investment, LLC, trust, and foreign-buyer purchases are permitted under the declaration; subletting is allowed. Confirm current sublet and pet rules with management at offer stage.
Mansion tax may apply. Depending on price, the mansion tax and its cliff thresholds can be in play. Run pricing through the Mansion Tax Calculator.
What to know if you’re selling
Lead with location and service. The quiet block steps from Union Square, the 24-hour doorman, and the refreshed roof deck are the differentiators against generic downtown inventory.
Terraces are their own headline. For units with private outdoor space, marketing should foreground it distinctly — outdoor space is scarce and commands a premium in the Village.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering 44 East 12th Street, also evaluate:
- 41 University Place — pre-war cooperative a block away
- 15 East 10th Street (The Mayfield) — pre-war Greenwich Village cooperative nearby
- 250 Bowery — boutique downtown condominium peer
- Greenwich Village corridor — the broader neighborhood market
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
Considering a move at Parc Village Condominium?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Parc Village Condominium would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.